The implication of fit between natural environmental approach and business strategy on performance

The field study of 83 chemical firms examines the implication of fit between natural Environmental approaches and business strategies on performance. Using factor analysis, the study found three approaches to their natural environment: prevention, information, and correction. Moreover using cluster...

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Main Author: Suprapto, Budi
Format: Conference or Workshop Item
Language:en
Published: 2006
Subjects:
Online Access:http://eprints.utm.my/210/1/BudiSuprapto2006_Theimplicationoffitbetween.pdf
http://eprints.utm.my/210/
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author Suprapto, Budi
author_facet Suprapto, Budi
author_sort Suprapto, Budi
building UTM Library
collection Institutional Repository
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
continent Asia
country Malaysia
description The field study of 83 chemical firms examines the implication of fit between natural Environmental approaches and business strategies on performance. Using factor analysis, the study found three approaches to their natural environment: prevention, information, and correction. Moreover using cluster analysis, the sample firms can be grouped into three categories based on business strategy typology: prospector, defender, and reactors. The findings from regression analysis suggested that prevention, information, and correction approaches insignificantly affect on performance. Compare to reactors, defenders and prospectors realized significant improvements on performance. The prevention has stronger and significant effect on ROA among prospectors than among defenders. The information has stronger and significant effect on sales growth among prospectors than among defenders. Mean while, the significant effects were not found in the interaction between correction and prospectors as well as correction and defenders on performance. In general, the results of those findings support the argument that firms benefit from the adoption of environmental policy when natural environmental approaches fit the business strategy.
format Conference or Workshop Item
id my.utm.eprints-210
institution Universiti Teknologi Malaysia
language en
publishDate 2006
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spelling my.utm.eprints-2102015-08-12T03:40:05Z http://eprints.utm.my/210/ The implication of fit between natural environmental approach and business strategy on performance Suprapto, Budi TD Environmental technology. Sanitary engineering The field study of 83 chemical firms examines the implication of fit between natural Environmental approaches and business strategies on performance. Using factor analysis, the study found three approaches to their natural environment: prevention, information, and correction. Moreover using cluster analysis, the sample firms can be grouped into three categories based on business strategy typology: prospector, defender, and reactors. The findings from regression analysis suggested that prevention, information, and correction approaches insignificantly affect on performance. Compare to reactors, defenders and prospectors realized significant improvements on performance. The prevention has stronger and significant effect on ROA among prospectors than among defenders. The information has stronger and significant effect on sales growth among prospectors than among defenders. Mean while, the significant effects were not found in the interaction between correction and prospectors as well as correction and defenders on performance. In general, the results of those findings support the argument that firms benefit from the adoption of environmental policy when natural environmental approaches fit the business strategy. 2006-07 Conference or Workshop Item PeerReviewed application/pdf en http://eprints.utm.my/210/1/BudiSuprapto2006_Theimplicationoffitbetween.pdf Suprapto, Budi (2006) The implication of fit between natural environmental approach and business strategy on performance. In: 1st International Conference on Natural Resources Engineering & Technology 2006, 24-25th July 2006, Putrajaya, Malaysia.
spellingShingle TD Environmental technology. Sanitary engineering
Suprapto, Budi
The implication of fit between natural environmental approach and business strategy on performance
title The implication of fit between natural environmental approach and business strategy on performance
title_full The implication of fit between natural environmental approach and business strategy on performance
title_fullStr The implication of fit between natural environmental approach and business strategy on performance
title_full_unstemmed The implication of fit between natural environmental approach and business strategy on performance
title_short The implication of fit between natural environmental approach and business strategy on performance
title_sort implication of fit between natural environmental approach and business strategy on performance
topic TD Environmental technology. Sanitary engineering
url http://eprints.utm.my/210/1/BudiSuprapto2006_Theimplicationoffitbetween.pdf
http://eprints.utm.my/210/
url_provider http://eprints.utm.my/